Apr 08, 2021 09:18 AM (GMT+8) · EqualOcean
CITIC Securities research report pointed out that xinwanda recently announced that it had obtained the notice of GAC passenger car on the development and trial production of parts for a9e model and the letter of intent for the development of power battery cells for Geely PMA platform project. The company is the global leader of consumer battery pack. After the acquisition of Liwei, the company actively arranges the cell business. Recently, the construction of Lanxi consumer battery project started, and the production capacity is expected to be greatly improved. In the future, with the gradual withdrawal of Japan and South Korea consumer battery enterprises, the company is expected to enter the global consumer cell supply system. At the same time, the company actively recommends the power battery business and carries out cooperation with Renault Nissan and Volvo. It is expected that the customer structure will be significantly improved in 2021. The company's consumption and power battery, two wheel drive, business development, continue to recommend, maintain the "buy" rating.

This text is a result of machine translation.